Imperial Oil (IMO) Return on Invested Capital [ROIC] (2009 - 2026)
Imperial Oil's Return on Invested Capital [ROIC] was 15.12% in Q2 2026, down 1.45 percentage points from 16.57% a year earlier but up 4.01 percentage points from the prior quarter.
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Analysis
Imperial Oil (IMO) Return on Invested Capital [ROIC] (2009 - 2026) Analysis & Trends
For FY2025, Return on Invested Capital [ROIC] at Imperial Oil came in at 12.07%, down 5.71 percentage points from FY2024.
- Return on Invested Capital [ROIC] has now declined for three consecutive years, though with a five-year change of +18.49 percentage points (FY2020 to FY2025).
- In earlier years, Return on Invested Capital [ROIC] was 17.78% in FY2024 (-0.55 pp), 18.33% in FY2023 (-8.86 pp), 27.19% in FY2022 (+17.49 pp) and 9.70% in FY2021 (+16.12 pp).
- Quarterly Return on Invested Capital [ROIC] has moved between 2.27% (Q3 2021) and 28.50% (Q4 2022) over five years.
- Compared with a year earlier, Return on Invested Capital [ROIC] has declined for 12 straight quarters, with an average year-over-year change of -2.83 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Invested Capital [ROIC] over five years was Q3 2022 (a gain of 22.02 percentage points); the worst was Q4 2023 (a drop of 10.28 percentage points).
- Per Business Quant data, IMO's Return on Invested Capital [ROIC] in the three quarters before Q2 2026 was 11.11% (Q1 2026), 11.99% (Q4 2025) and 13.93% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 694.97 Bn | 658.18 Bn | - | 11.12% |
| 2 | Shell | 570.13 Bn | 500.87 Bn | 92.16 Bn | 28.91% |
| 3 | Chevron | 418.82 Bn | 396.62 Bn | 33.45 Bn | -30.32% |
| 4 | TotalEnergies SE | 189.94 Bn | 73.07 Bn | 61.77 Bn | 44.06% |
| 5 | Eni Spa | 176.22 Bn | 126.56 Bn | - | 6.74% |
| 6 | Conocophillips | 161.10 Bn | 133.81 Bn | 12.81 Bn | 22.50% |
| 7 | Phillips 66 | 110.98 Bn | 99.96 Bn | 8.38 Bn | -181.46% |
| 8 | Equinor Asa | 107.54 Bn | 22.06 Bn | - | 51.62% |
| 9 | Canadian Natural Resources | 103.35 Bn | 100.30 Bn | 15.40 Bn | 220.98% |
| 10 | Imperial Oil | 59.57 Bn | 54.60 Bn | - | 15.12% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.12% |
| Mar 31, 2026 | 11.11% |
| Dec 31, 2025 | 11.99% |
| Sep 30, 2025 | 13.93% |
| Jun 30, 2025 | 16.57% |
| Mar 31, 2025 | 17.86% |
| Dec 31, 2024 | 17.60% |
| Sep 30, 2024 | 17.90% |
| Jun 30, 2024 | 19.39% |
| Mar 31, 2024 | 18.31% |
| Dec 31, 2023 | 18.22% |
| Sep 30, 2023 | 18.89% |
| Jun 30, 2023 | 20.85% |
| Mar 31, 2023 | 28.43% |
| Dec 31, 2022 | 28.50% |
| Sep 30, 2022 | 24.30% |
| Jun 30, 2022 | 19.59% |
| Mar 31, 2022 | 12.17% |
| Dec 31, 2021 | 9.48% |
| Sep 30, 2021 | 2.27% |
API Access
Imperial Oil Return on Invested Capital [ROIC] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=IMO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "IMO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=IMO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();